Precimax Engineers Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.03 Cr
- Company Age 62 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.50 Cr
- Revenue Growth 36.51%
- Profit Growth 77.64%
- Ebitda 79.66%
- Net Worth 5.99%
- Total Assets 5.88%
About Precimax Engineers
Precimax Engineers Limited (PEL) was founded in India on 26 October 1962 and has a glorious history of 62 years and four months.Its registered office is in Thane, Maharashtra.
The Corporate was formerly known as Precimax Machine Tools Private Limited. The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.03 Cr.
The company currently has active open charges totaling ₹2.50 Cr.
Gul Shahani, Lalit Shahani, Poonam Shahani, and One other member serve as directors at the Company.
Company Details
- Location Thane, Maharashtra
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29220MH1962PLC012509
- Company No.
012509
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
26 Oct 1962
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Precimax Engineers Limited offer?
Precimax Engineers Limited offers a wide range of products and services, including Storage Tanks, Drums & Containers, Industrial Tanks, Industrial Furnaces & Ovens, Heating Furnace, Wire Drawing & Cabling Machines, Wire Drawing Machines, Calibrators & Monitoring Systems, Calibration Equipment, Heater, Thermostat & Heating Devices, Industrial Heaters.
Who are the key members and board of directors at Precimax Engineers?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Lalit Shahani  | Managing Director | 19-Feb-1993 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Gul Shahani | Whole-Time Director | 20-Aug-1981 | Current |
| Poonam Shahani | Director | 01-Jul-2008 | Current |
| Malti Shahani | Director | 21-Jan-2016 | Current |
Financial Performance of Precimax Engineers.
Precimax Engineers Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 36.51% increase. The company also saw a substantial improvement in profitability, with a 77.64% increase in profit. The company's net worth moved up by a moderate rise of 5.99%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Precimax Engineers?
In 2022, Precimax Engineers had a promoter holding of 70.89% and a public holding of 29.11%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Shahani Entrepreneurs LimitedGul Shahani, Lalit Shahani and 1 more are mutual person
- Markex Agencies India Private Limited
Gul Shahani and Lalit Shahani are mutual person
Charges (Loans)
₹2.50 Cr
₹0
Charges Breakdown by Lending Institutions
- Bank Of Baroda : 2.39 Cr
- Gujrat State Financial Corporation : 0.07 Cr
- Bank Of India : 0.04 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Oct 2002 | Bank Of Baroda | ₹1.20 Cr | Open |
| 12 Nov 1994 | Bank Of Baroda | ₹0.32 M | Open |
| 05 Dec 1991 | Bank Of Baroda | ₹2.00 M | Open |
| 08 Jun 1991 | Bank Of Baroda | ₹6.26 M | Open |
| 04 Feb 1991 | Bank Of Baroda | ₹2.09 M | Open |
How Many Employees Work at Precimax Engineers?
Precimax Engineers has a workforce of 1 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Precimax Engineers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Precimax Engineers's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
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